The Chancellor also suggested the Government could seek to soften the form of Brexit negotiated by Boris Johnson by removing “the vast majority of trade barriers that exist between us and the EU”.
The watchdog said a “larger contribution from net migration” was “offsetting slower growth in productivity”. The Budget watchdog is now assuming net migration to the UK – the difference between the numbers of people coming to the country and those emigrating – will be higher than it previously forecast for next year and from 2026 onwards.
“This upward revision reflects evidence of sustained strength in inward migration since the post-Brexit migration regime was introduced,” it said.
SarahLudford Another example of how short-sighted it was to leave the SM.